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Reservoir Media (Reservoir Media) Gross Profit : $92.5 Mil (TTM As of Dec. 2023)


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What is Reservoir Media Gross Profit?

Reservoir Media's gross profit for the three months ended in Dec. 2023 was $22.3 Mil. Reservoir Media's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $92.5 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Reservoir Media's gross profit for the three months ended in Dec. 2023 was $22.3 Mil. Reservoir Media's Revenue for the three months ended in Dec. 2023 was $35.5 Mil. Therefore, Reservoir Media's Gross Margin % for the quarter that ended in Dec. 2023 was 62.73%.

Reservoir Media had a gross margin of 62.73% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 3 years, the highest Gross Margin % of Reservoir Media was 65.85%. The lowest was 59.03%. And the median was 59.06%.


Reservoir Media Gross Profit Historical Data

The historical data trend for Reservoir Media's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Reservoir Media Gross Profit Chart

Reservoir Media Annual Data
Trend Mar21 Mar22 Mar23
Gross Profit
47.39 63.65 74.30

Reservoir Media Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.18 27.96 18.37 23.96 22.25

Competitive Comparison of Reservoir Media's Gross Profit

For the Entertainment subindustry, Reservoir Media's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Reservoir Media's Gross Profit Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Reservoir Media's Gross Profit distribution charts can be found below:

* The bar in red indicates where Reservoir Media's Gross Profit falls into.



Reservoir Media Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Reservoir Media's Gross Profit for the fiscal year that ended in Mar. 2023 is calculated as

Gross Profit (A: Mar. 2023 )=Revenue - Cost of Goods Sold
=122.287 - 47.987
=74.3

Reservoir Media's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=35.476 - 13.222
=22.3

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $92.5 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Reservoir Media's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=22.3 / 35.476
=62.73 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Reservoir Media  (NAS:RSVR) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Reservoir Media had a gross margin of 62.73% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Reservoir Media Gross Profit Related Terms

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Reservoir Media (Reservoir Media) Business Description

Traded in Other Exchanges
Address
200 Varick Street, Suite 801A, New York, NY, USA, 10014
Reservoir Media Inc is an independent music company. The company's segment includes Music Publishing; Recorded Music and others. It generates maximum revenue from the Music Publishing segment.
Executives
Ezra S. Field director 75 VARICK STREEET, 9TH FLOOR, NEW YORK NY 10013
Stephen M. Cook director 75 VARICK STREET, 9TH FLOOR, NEW YORK NY 10013
Ryan P. Taylor director 381 PARK AVENUE SOUTH, ROOM 1101, NEW YORK NY 10016
Essex Equity Joint Investment Vehicle, Llc other: May Be Deemed a 10% Owner 375 HUDSON STREET, 12TH FLOOR, NEW YORK NY 10014
Richmond Hill Capital Partners, Lp other: May be deemed a 10% owner 375 HUDSON STREET, 12TH FLOOR, NEW YORK NY 10014
James A Heindlmeyer officer: Chief Financial Officer 75 VARICK STREET, 9TH FLOOR, NEW YORK NY 10013
Richmond Hill Advisors, Llc other: May be deemed a 10% owner 375 HUDSON STREET, 12TH FLOOR, NEW YORK NY 10014
Golnar Khosrowshahi director, officer: Chief Executive Officer C/O RESTAURANT BRANDS INTERATIONAL INC., 5505 BLUE LAGOON DRIVE, MIAMI FL 33126
Richmond Hill Investments, Llc 10 percent owner 381 PARK AVENUE SOUTH, SUITE 1101, NEW YORK NY 10016
Adam Rothstein director 101 CROSS HWY, WESTPORT CA 92610
Er Reservoir Llc 10 percent owner C/O RICHMOND HILL INVESTMENTS, 375 HUDSON STREET, 12TH FLOOR, NEW YORK NY 10014
Lafargue Rell Q. Jr. director, officer: President and COO 75 VARICK STREET, 9TH FLOOR, NEW YORK NY 10013
Gelder Neil De director 75 VARICK STREET, 9TH FLOOR, NEW YORK NY 10013
Essex Equity Holdings, Llc 10 percent owner 381 PARK AVENUE SOUTH, ROOM 1101, NEW YORK NY 10016
Jennifer G. Koss director 75 VARICK STREET, 9TH FLOOR, NEW YORK NY 10013